tracyspcyM to cryptocurrency · 1 year agoKraken ordered by court to disclose user data to IRS for tax compliancecointelegraph.comexternal-linkmessage-square1fedilinkarrow-up14arrow-down10
arrow-up14arrow-down1external-linkKraken ordered by court to disclose user data to IRS for tax compliancecointelegraph.comtracyspcyM to cryptocurrency · 1 year agomessage-square1fedilink
minus-squaretracyspcyOPMlinkfedilinkarrow-up4·1 year agotldr Kraken ordered by court to disclose user data for IRS tax compliance. Court order requires disclosure of all users who have traded over $20K worth of cryptocurrency since December 2016. Kraken must provide detailed transaction history, user profiles, and other identifying information. Company plans to oppose ruling, citing concerns about customer privacy and government overreach. Case highlights ongoing debate around regulation and taxation of crypto transactions.
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